FX.co ★ Actual patterns. Technical analysis and trading recommendations

According to the chart of M5, AUDCHF formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 0.5299, the lower border is 0.5295. The signal means that a long position should be opened above the upper border 0.5299 of the Bullish Rectangle.

According to the chart of M5, AUDCHF formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 0.5295 and 0.5290 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 5 pips. Outlook: If the upper border 0.5295 is broken, the price is likely to continue its move by 0.5307.

According to the chart of M5, AUDCHF formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.5293 and support 0.5285. In case the resistance level 0.5293 - 0.5293 is broken, the instrument is likely to follow the bullish trend.

On the chart of AUDCHF M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.5292; the lower boundary 0.5285; the width of the pattern 7 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 0.5270 level.

According to the chart of M5, AUDCHF formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.5279 and support 0.5269. In case the resistance level 0.5279 - 0.5279 is broken, the instrument is likely to follow the bullish trend.